The government can't really know what was inside the traders' minds when thousands of orders were placed?by Chris Marcus of Arcadia EconomicsYears after JP Morgan paid a $920 million fine for manipulating the #gold, #silver, and treasury futures markets, the trial for several of their traders who are facing RICO charges has finally begun.While the government is asserting that Michael Nowak, Gregg...Read More
The math says the Fed is about to do an about-face, start printing money and...Craig Hemke interviewed on USA Watchdog by Greg HunterThe math, according to Hemke, says the Fed is about to do an about-face and start money printing and cutting rates. Please keep in mind, by every metric, the economy is tanking, and this is an election year where the Democrats in power are weaker than they have ever...Read More
Look beyond market approach to project valuations: van ZylLeadershipAlma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesBHP will be next to reveal the impact of tough operating conditions when it releases its J...Read More
"In particular, since the beginning of June, the dollar has appreciated around 7% globally and the price of copper has fallen by approximately 30%," the central bank said in a statement.Read More
Cash costs are now expected to be in the range of US$850 million-$925 million for 2022, higher than previous guidance of $800 million-$875 million.Read More
The mining sector expected change with the election of left-leaning president Gabriel Boric earlier this year on a ticket of advancing social equality and the drafting of a new Constitution.Read More
Chile's Supreme Court has ratified the definitive closure of Toronto-listed Barrick Gold's US$8.5-billion Pascua-Lama gold-silver project in the South American country.Read More
Red Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsAlma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesPilbara iron ore shipments increased 5% year-on-year and 12% quarter-on-quarter to 79.9 millio...Read More
It seemed at first like a typical backdoor listing, with copper-gold assets being vended to a struggling uranium-tin-tungsten explorer.Read More
Frazer Tabeart, MD of Australia-focused copper explorer Alma Metals, explains the company's enthusiasm for its flagship Briggs, Mannersley and Fig Tree Hill copper joint venture project in Queensland, plus the potential for a new copper province in WA's north.Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Index futures were slightly lower following release of economic news at 8:30 AM EDT. Consensus for the July Empire State Manufacturing Survey was a drop of 1.25% versus a decline of 1.20 in June. Actual was an increase to 11.1. Consensus for June U.S. Retail Sales was an increase of 0.8% ver...Read More
South African miner Gold Fields (NYSE: GFI; JSE: GFI) trusts that Yamana Gold's (TSX: YRI; NYSE: AUY) shareholders will back its planned US$6.7-billion takeover of the Canadian gold miner.The proposed merger, which would create the world's fourth-largest gold miner and that is expected to surpass Agnico Eagle (TSX, NYSE: AEM) in a year to take third place, has been criticized by Gold Fields inves...Read More
NexGen Energy (TSX: NXE; NYSE: NXE) said that the Canadian Nuclear Safety Commission (CNSC) has accepted its draft environmental impact statement (EIS), which it submitted last month, for its Rook I uranium project in Saskatchewan. The CNSC's acceptance has advanced the project into the next phase which will include assessments from provincial and federal authorities, the company said. Alongsid...Read More
CanAlaska Uranium (TSXV: CVV; OTC: CVVUF) has discovered a significant zone of basement-hosted uranium mineralization during its summer drilling program at the West McArthur project in Saskatchewan. West McArthur is a joint venture project with Cameco (TSX: CCO; NYSE: CCJ) the world's largest public uranium company. CanAlaska currently owns about 70% of the JV and is the operator.During the seco...Read More
Shares of Wesdome Gold Mines (TSX: WDO) fell to their lowest in a year after the company reported a "weak" performance in its second quarter and said that it would be re-evaluating its 2022 guidance. The company's total gold production fell by 10% to 27,240 oz. in the second quarter of 2022, compared to 30,375 oz. in the same quarter last year. Wesdome's flagship mine, Eagle River near Wawa, On...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) flagged on Friday a cost increase of $300 million for the ongoing expansion of its massive Oyu Tolgoi copper-gold mine in Mongolia.The world's second largest miner said the cost and schedule reforecast, completed in June, now pegs the total project cost estimate at US$7.1 billion, almost US$1.8 billion higher than its original estimate in 2015. The com...Read More
Jaime Leverton, CEO of digital currency miner at Hut 8 Mining, joins BNN Bloomberg and discusses how the company's diversification strategy and strong balance sheet helps the company remain bullish on bitcoin.Read full newsRead More
TORONTO, July14, 2022(GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) ("Red Pine" or the "Company") is pleased to report on new...Read full newsRead More
Wall St. For Main St., Released on 7/15/22During this 50+ minute interview Jason asks Rick about the major risks to the commodities space in the near term as well as where the major opportunities are now that commodities futures have crashed over the last few months. Jason and Rick talk about the gold mining industry, silver miners producing at losses, new M&A in the gold royalty space, which comm...Read More
Patriot Underground, Released on 7/15/22*The interview begins at 2:20Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.DISCLAIMER: The...Read More